News / Egypt
Egypt’s Power Plants’ Gas Consumption Increased
The Egyptian Ministry of Petroleum announced that the gas usage of power stations has increased to 3.4bcf/d, up from 3.3bcf/d.
Misr Insurance Secure Two Oil Ships for $30m
Egypt's Misr Insurance Company, a subsidiary of Misr Insurance Holding Company, signed a contract worth $30m with Red Sea International Petroleum Services to insure two of their ships.
Egypt Approves Waste-to-Energy Tariffs
The Egyptian Cabinet of Ministers approved the waste-to-energy feed-in tariffs pricing recommended by the ministerial committee assigned to study projects for energy production from agricultural, solid, and communal wastes.
Egypt Launches Solar Power Tender
The Egyptian New and Renewable Energy Authority (NREA) prepared a tender to construct a new solar power plant in Hurghada with a capacity of 20 MW. The Japan International Cooperation Agency’s (JICA) offered to fund the project.
Electricity Minister to Address Investors Concerns on FiT Projects
Egypt's Minister of Electricity, Mohamed Shaker, will meet with renewable energy investors to discuss their demands regarding the feed-in tariff projects. El Molla: IOCs Invested $8.5b in Egypt
The Egyptian Minister of Petroleum, Tarek El Molla discussed Egypt's dues to international oil companies (IOCs), foreign investments in the country's energy industry, and regional partnerships in the petroleum sector in an interview with Daily News Egypt.
BP Eyes Gas Production Rise in Atoll Field
BP eyes boosting Atoll field production from the current 200mcf/d to 300mcf/d of gas by December 2018.
Egypt Decreased Kuwaiti Crude Imports
The Egyptian Ministry of Petroleum announced that the crude oil import from Kuwait has decreased from 3mb/month to 2mb/month.
